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May 5, 2015

TRUCK & TRAILER SALES * USA: April’s Class 8 Orders Down

* Indiana - Trucking Analysts say April’s Class 8 orders down 10% over last year


-- FTR released preliminary data late Monday showing April’s North American Class 8 truck net orders at 22,076 units — an 11 percent month-over-month decline and 10 percent lower than a year ago... Meanwhile, analysts at ACT Research said its figures show Class 8 orders posting their lowest monthly net order volume since November 2013 at 22,400 units, which matches FTR’s 10 percent drop year over year... The report from FTR said the additional order drop off in April reflects market stabilization returning to traditional seasonal trends, with Class 8 orders now totaling 373,000 units over the last 12 months. The company expects that order rates will continue to fall throughout the summer months... The Class 8 market is now back to an equilibrium state, albeit at a strong level. This continues the trend from March with nothing expected in the short term to impact overall 2015 business activity... 
(Photo)  --  Bloomington, IND, USA - Trucking News - May 5, 2015


 * Indiana - Used truck sales and trailer orders both point skyward in March

-- The number of used Class 8 tractors climbed to 2,770 units in March, a 14 percent increase over the month before and 5 percent more than a year ago, according to figures released by ACT Research of Columbus, Ind. ... And orders for new trailer totaled 23,190 units for the month, climbing 12 percent above February’s levels, the trucking industry forecaster reported... Steve Tam, ACTs’ vice president of the commercial vehicle sector said, that slightly higher miles and flat age conspired to put downward pressure on the average selling price of total reported Class 8 trucks. Prices were 2 percent lower month over month... The latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, provides data on the average selling price, miles and age based on a sample of industry data. In addition, the report provides the average selling price for top-selling Class 8 models for each of the major truck OEM’s – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo)... Meanwhile, Frank Maly, director of commercial vehicle transportation analysis and research for ACT, noted several positives for the trailer industry, including impending resolution of the West Coast ports labor issues, good freight volume, and robust investment plans by fleets... 
(Photo)  --  Columbus, IND, USA - Trucking News - April 27, 2015

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